Share Recovery Agent in New Town and Rajarhat
Most share recovery work we do for New Town is inherited rather than personal: a parent or grandparent elsewhere in Bengal held certificates, and the family that settled here is left to deal with them.
We trace the holdings, prepare the transmission documents and follow the registrar through to credit. The first assessment is free and nothing is payable in advance.
Serving New Town (Rajarhat), Kolkata · North 24 Parganas district from our Gurugram officeReviewed 24 September 2026
A new township inheriting old Bengal holdings
New Town filled up recently, largely with professionals working in the IT corridor and families moving out from older parts of Kolkata and from district towns across West Bengal.
The Indian holdings that come with them are older than the address. A folio registered in Burdwan or Howrah in 1992 does not move when the family does, and the registrar has no way of knowing anyone has relocated.
West Bengal documentation
In West Bengal a legal heir certificate is applied for through the state e-District portal or at the office of the Sub-Divisional Officer or Block Development Officer. Families are generally asked first for a family tree or heirship list from the local body — the ward councillor in a municipal area, the Gram Panchayat Pradhan in a rural one — after which a revenue inspector verifies locally.
Often no such certificate is needed at all. SEBI’s simplified transmission route covers holdings up to ₹10 lakh per company in physical form and ₹30 lakh in demat, on a notarised indemnity bond and an affidavit-cum-NOC from the other legal heirs.
- A family tree or heirship list from the ward councillor, where a state certificate is needed
- Death certificate, SEBI’s transmission request form (Annexure-3) and the claimant’s KYC
- Notarised indemnity bond and affidavit-cum-NOC from the other legal heirs
- A demat account in the claimant’s name, with a Client Master List under two months old
What we handle for clients in New Town
How a New Town claim actually runs
Five stages, the same wherever you are. Nothing here needs you to travel, and nothing is billed until the last one.
- 1
Free assessment
You send whatever you have — a certificate, a folio number, a name, sometimes only a company. We tell you what exists and what it is likely worth before you commit to anything.
- 2
Tracing and confirmation
We search the IEPF records and write to the registrar to confirm the holding, the corporate actions applied to it since, and who it currently stands in the name of.
- 3
Documents assembled
Death certificate, heirship evidence, indemnity bond, NOCs, KYC and the demat account details — prepared in the order the registrar and the company will want them.
- 4
Filing and follow-up
Form IEPF-5, the transmission request or the duplicate issue is filed, and we chase the company Nodal Officer and the Authority until the verification report moves.
- 5
Shares credited
The securities are credited directly to your own demat account. Our fee becomes payable at this point, and not before.
Zero advance fee — what New Town clients pay, and when
We charge no advance professional fee. Our fee is a percentage agreed with you before we start, payable only once the shares or dividends have reached your own demat or bank account. If nothing is recovered, you owe us no professional fee at all.
- Nothing to pay for the assessment, and nothing while the claim is running
- The percentage is fixed in writing before any work starts — it does not move later
- Statutory and third-party costs — stamp duty, notary, court fees, newspaper notices — are paid by you at actuals, with receipts
- Shares are credited to your account, never to ours; we never take custody of your securities
Anyone who asks you for money before a claim has been assessed is worth walking away from. Read the full fee policy.
Areas we cover around New Town
Claims are handled remotely across Kolkata, with documents collected by courier and identity verified over video. There is no need to travel to our office.
- Rajarhat
- Action Area I
- Action Area II
- Salt Lake
- Baguiati
- Barasat
Questions from New Town
My parent lived in a district town but I live in New Town. Where do we apply?
The registrar deals with you wherever you live, so the claim runs from Kolkata. Only a state-issued certificate, if one is needed, comes from the district where the shareholder lived.
We cannot find all the certificates.
Duplicates can be applied for by the registered holder or the heirs, and since December 2025 the process is simpler for holdings up to ₹10 lakh.
Can one heir claim for the whole family?
Yes, with notarised affidavit-cum-NOCs from the other legal heirs. The shares are credited to that person’s demat account and the family settles between themselves.
Is there a charge to find out what we hold?
No. We check the registrar and IEPF records and tell you what exists, and roughly what it is worth, before any engagement.